Turnkey Auto Repair
For Sale
$675,000
7 Saratoga Avenue, Ballston Spa, NY 12020
Auto repair business for sale in prime commercial location.
Property Size3,328 SF
Price / SF$202.82
Days on Market200
Property Features for 7 Saratoga Avenue
General Information
Standard status
Active
Size
3,328 SF
Property subtype
Business
Building Details
Building Size
3,328 SF
Listing Agency:
Pyramidbrokerage
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Mar 24
Changed: Oct 6
Last Checked: Oct 7 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pyramidbrokerage
Investment Insights
Based on property information with market context.
This property is a turnkey auto repair business for sale, situated in a prime commercial location within a Central Business District. The property features over 30 parking spots and benefits from high visibility on a highly trafficked route. The building includes a private office upstairs, a large front lobby, and a storage room. It also has 3 large bays equipped with lifts for auto repair, and glass doors that provide a bright and comfortable workspace. The sale includes a large customer base and a POS system. The fully loaded mechanic shop includes a tire machine, A/C recharge equipment, fluid evac equipment, and diagnostic equipment. Industry-specific business software, including inventory and bookkeeping systems, is also included. The property is 3328 square feet. The seller will consider lease and some owner financing. The property is located at 7 Saratoga Avenue, Ballston Spa, NY 12020.
Key Highlights
- Prime commercial location on highly trafficked Route 50 with great visibility.
- Turnkey auto repair business with existing customer base, POS system, and industry‑specific software included.
- Fully equipped mechanic shop with lifts, tire machine, A/C recharge, fluid evac, and diagnostic equipment included.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,172
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,440
$803.4K
Cap Rate 7%
$573,886
$573.9K
Cap Rate 9%
$446,356
$446.4K
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$59.9K $18.00/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$57.4K $17.24/SF
− OpEx
−$17.2K −$5.17/SF
NOI
$40.2K $12.07/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,440
Cap Rate 7%
$573,886
Cap Rate 9%
$446,356
Alternative Uses
Best Use
Retail
$573.9K
$502.2K – $669.5K
NOI $40,172 @ 7.0% cap · market cap 5.95%
Second Best
Industrial
$294.0K
$257.3K – $343.1K
NOI $20,583 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$996.1K
$871.6K – $1.16M
NOI $69,728 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fat Boyz Kustomz — 85 Bath St, Ballston Spa, NY 12020
- Jim's Garage — 17 Washington St, Ballston Spa, NY 12020
- Generations Auto Repair — 85 Bath St, Ballston Spa, NY 12020
- Quality Foreign Car Care Inc — 7 Saratoga Ave, Ballston Spa, NY 12020
- Hearn Automotive Redesign — 51 Kent St, Malta, NY 12020
Frequently Asked Questions
What type of property is this?
Auto shop - Auto repair business for sale in prime commercial location.
Where is this auto shop located?
The property is located at 7 Saratoga Avenue Ballston Spa, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Prime commercial location on highly trafficked Route 50 with great visibility.; Turnkey auto repair business with existing customer base, POS system, and industry‑specific software included.; Fully equipped mechanic shop with lifts, tire machine, A/C recharge, fluid evac, and diagnostic equipment included.
